Innergex Renewable Energy Inc T.INE

Alternate Symbol(s): INGXF | T.INE.PR.A | T.INE.PR.C | T.INE.DB.B | T.INE.DB.C

Utilities Utilities - Independent Power Producers

Innergex Renewable Energy Inc. is a Canada-based independent renewable power producer. The Company develops, acquires, owns and operates hydroelectric facilities, wind farms, solar farms and energy storage facilities. It operates in three segments: hydroelectric power generation, wind power generation, and solar power generation. It conducts operations in Canada, the United States, France and Chile and manages a large portfolio of high-quality assets consisting of interests in 88 operating facilities with an aggregate net installed capacity of 3,375 MW (gross 4,328 MW), including 41 hydroelectric facilities, 35 wind facilities, nine solar facilities and three battery energy storage facilities. It also holds interests in 13 projects under development with a net installed capacity of 930 MW (gross 1,281 MW), three of which are under construction, as well as prospective projects at different stages of development with an aggregate gross installed capacity totaling 9,912 MW.

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Innergex Renewable Energy Inc > INE takes a tumble

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Comment by Vega1357on Apr 28, 2022 11:35pm

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Post# 34641123

RE:RE:INE takes a tumble

Stratocheif wrote: Because ine has no equity. It's all owned by the creditors. Take "intangibles" off the balance sheet and the shares are worth nothing. Can anyone explain to me what these intangibles are? I don't think they are anything...just put there to make it look like your shares are worth something

I'm not sure if what you say is true, but even if it were then that has been the case for sometime and didn't just happen today. So I don't think that explains today's 3% drop.

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